Arizona Corporation acquired the business Data Systems for $285,000 cash and assumed all liabilities at the date of purchase. Data's books showed tangible assets of $270,000, liabilities of $12,000, and stockholders' equity of $258,000. An appraiser assessed the fair market value of the tangible assets at $275,000 and liabilities at $12,000 at the date of acquisition. Arizona Corporation's financial condition just prior to the acquisition is shown in the following statements model. Balance Sheet Income Statement Cash 470,000 + Assets Tangible Assets + Goodwill = = Liabilities + NA Stockholders' Equity 470,000 Revenue = Expenses = Net Income Statement of Cash Flows Required a.Compute the amount of goodwill acquired. b. Record the acquisition in a financial statements model. Arizona Corporation's financial condition just prior to the acquisition is shown in the financial statements model. d. Record the acquisition in general journal format.